The defendant's appeal is dismissed.

1. The summary of the grounds for appeal (unjustifiable punishment) of the first instance court is too unreasonable;

2. The amount of money obtained by deception is KRW 476 million, unpaid wages and retirement allowances is approximately KRW 38 million, and the damage has not yet been recovered or agreed.

There is no change in circumstances that can be newly considered in sentencing after the judgment of the first instance.

In addition, in full view of the defendant's age, character and conduct, environment, circumstances of crimes, details, results, and all the sentencing conditions shown in the records and pleadings, the first instance sentence is too unreasonable.

Defendant’s assertion is without merit.

3. As such, the defendant's appeal is dismissed in accordance with Article 364 (4) of the Criminal Procedure Act since it is without merit.

[However, according to Article 25 of the Regulation on Criminal Procedure, the criminal facts of the first instance [240,000,000 won] in the third sentence [204,00,000 won] shall be corrected to "204,00,000 won"].